Q.3) Examine the evolution of the tax system in India and assess the contribution of the reports of the Tax Reforms Commission in improving India’s tax system through its various recommendations. (10 Marks)

“Mentor’s Comments” https://www.financialexpress.com/opinion/trc-gave-direction-to-indias-tax-reforms/2284549/ In the intro, mention that in 1973-74 the personal income tax structure had 11 brackets with the … Continue reading Q.3) Examine the evolution of the tax system in India and assess the contribution of the reports of the Tax Reforms Commission in improving India’s tax system through its various recommendations. (10 Marks)